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Proposal To Lease Commercial Space Template for Singapore

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Key Requirements PROMPT example:

Proposal To Lease Commercial Space

"I need a Proposal To Lease Commercial Space for a 2,500 sqft retail unit in Orchard Road, Singapore, with a proposed monthly rental of SGD 25,000 and a 3-year lease term starting March 2025, including provision for F&B operations and outdoor seating area."

Document background
The Proposal To Lease Commercial Space is a crucial preliminary document in Singapore's commercial property sector. It is typically used when a property owner or their agent wants to formally present leasing terms to a potential tenant, or when a prospective tenant wants to express interest in a property with specific terms. The document includes essential information such as property details, proposed rental rates, lease duration, permitted use, and other commercial terms. Under Singapore's legal framework, while not legally binding like a lease agreement, it forms the basis for subsequent negotiations and the final lease agreement.
Suggested Sections

1. Parties: Identification of landlord and prospective tenant with full legal names and registration details

2. Background: Brief context of the proposal and property details

3. Property Description: Detailed description of the premises including floor area, location, and unit number

4. Commercial Terms: Proposed rental rate, lease term, security deposit, and payment terms

5. Proposed Use: Intended use of the premises and any restrictions

6. Timeline: Proposed commencement date and duration of offer validity

Optional Sections

1. Fit-out Provisions: Details of any proposed renovations or modifications - include when premises requires renovation or customization

2. Incentives: Any rent-free periods or other incentives offered - include when offering special terms to attract tenants

3. Option to Renew: Terms for lease renewal - include when offering potential extension terms

4. Service Charges: Additional charges beyond base rent - include when there are separate building maintenance or service fees

Suggested Schedules

1. Floor Plan: Detailed layout of the premises

2. Photos: Current condition of the premises

3. Building Rules and Regulations: Standard building management rules

4. Technical Specifications: Details of building systems, loading capacity, etc.

5. Proposed Fit-out Plans: If applicable, preliminary renovation plans

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses





























Industries

Conveyancing and Law of Property Act (CLPA): Primary legislation governing property transactions and leases in Singapore, including rights and obligations of landlords and tenants

Planning Act: Regulates the development and use of land and buildings, ensuring compliance with Singapore's master plan and zoning requirements

Building Control Act: Governs building works and standards, ensuring structural integrity and safety of commercial spaces

Fire Safety Act: Establishes fire safety requirements and standards for commercial buildings

Environmental Protection and Management Act: Sets environmental standards and requirements for commercial properties

Building Maintenance and Strata Management Act: Regulates the management and maintenance of strata-titled properties

Land Titles Act: Governs the registration and transfer of land titles in Singapore

Property Tax Act: Regulates property taxation matters which may affect lease terms and costs

Goods and Services Tax Act: Governs the application of GST to commercial property leases

Stamp Duties Act: Regulates stamp duties applicable to lease agreements

URA Guidelines: Urban Redevelopment Authority guidelines for commercial property use and development

BCA Regulations: Building and Construction Authority regulations for commercial buildings

SCDF Requirements: Singapore Civil Defence Force safety and emergency preparedness requirements

Workplace Safety and Health Act: Establishes safety standards for workplaces, relevant when considering intended use of commercial space

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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